Preservation Bay, TAS 7316
Inside Preservation Bay, TAS 7316's recent activity
Preservation Bay, TAS 7316 recorded six houses sold and two houses rented in the last 12 months — too little to read a wider market from.
Beyond that, the clearest read on Preservation Bay is the most recent Census — the resident profile below.
Who lives hereA mostly owner-occupied, older-leaning suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Preservation Bay demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Preservation Bay?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Preservation Bay
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Preservation Bay
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.8× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Preservation Bay
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Preservation Bay
No school inside Preservation Bay itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- No schools within 5 km — widen the radius.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Preservation Bay median house price & rent
Headline price, rent, yield and time on market for Preservation Bay — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Preservation Bay property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Preservation Bay
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Preservation Bay against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Preservation Bay in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Preservation Bay — Units & Houses, all bedrooms
Preservation Bay median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Preservation Bay rose from $266k (Jul 2021) to $588k (Jun 2026) — +120.8% growth over five years — peaking at $793k between May 2023 and Apr 2024. Median house rent went from $267/wk to $340/wk (+27.3%) over the same period.
Suburbs near Preservation Bay: prices compared
The nearest suburbs to Preservation Bay, ranked by distance — each lined up against Preservation Bay on the same measures, so the differences jump out at a glance.
Frequently asked · Preservation Bay
19 data-driven answers about Preservation Bay's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Preservation Bay?
#The median house price in Preservation Bay, TAS 7316 is $524k as of June 2026, based on a very small number of recent sales. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much does it cost to rent in Preservation Bay?
#The median weekly house rent in Preservation Bay is $317 as of June 2026. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 4 bedroom house in Preservation Bay?
#A 4 bedroom house in Preservation Bay rents for a median $317 per week as of June 2026. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Preservation Bay?
#Gross rental yield in Preservation Bay is 2.08% for houses as of June 2026, compared with the TAS unit median of 3.30%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Preservation Bay?
#As of June 2026, Preservation Bay medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | $524k | $524k | $524k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseWhat does the data say about Preservation Bay as an investment?
#As of June 2026 in Preservation Bay, gross rental yield is 2.08% against a TAS median of 3.06%, houses take a median 101 days to sell, sales supply is 2.1 months (very tight). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Preservation Bay?
#Houses in Preservation Bay sell in a median 101 days on market as of June 2026. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Preservation Bay a tight or loose property market right now?
#Preservation Bay's sales market sits at 2.1 months of supply for houses as of June 2026 — classified as Very Tight against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose.
How it compares
Vs state, vs nearby, vs popularHow does Preservation Bay compare to other TAS suburbs?
#Preservation Bay's median house price ($524k) is 10% above the TAS median ($476k) as of June 2026. On selling speed, houses clear in 101 days vs 26 days state median. On gross yield, Preservation Bay sits at 2.08% vs 3.06% state median.
What's the most popular property type in Preservation Bay?
#The most-transacted segment in Preservation Bay over the 12 months to June 2026 is 3 bed houses with 3 sales. 4 bed houses come second at 3 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Preservation Bay last year?
#Preservation Bay recorded 3 house sales and 0 unit sales over the 12 months to June 2026 — a combined 3 transactions. On the rental side, 2 houses and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Preservation Bay in?
#Preservation Bay is in postcode 7316, in the West & North West region of TAS. Addresses there are written as Preservation Bay, TAS 7316.
What is the population of Preservation Bay?
#Preservation Bay, TAS 7316 is home to 67 residents (ABS Census 2021). The median resident age is 36, and the average household holds 1.6 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Preservation Bay?
#The median household in Preservation Bay earns $2k per week — roughly $83k a year (ABS Census 2021). Median personal income runs $562/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Preservation Bay?
#The unemployment rate in Preservation Bay is 50.0% (ABS Census 2021). The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Preservation Bay?
#Preservation Bay is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Preservation Bay?
#Preservation Bay has 23 schools within reach — including Penguin District School, North West Christian School, West Ulverstone Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Preservation Bay a good place to live?
#Preservation Bay, TAS 7316 has a population of 67, a median age of 36, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 23 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Preservation Bay market data last updated?
#This Preservation Bay market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.